Author: NBTC

Earlier this week, BlackRock’s BUIDL crossed $500 million — a milestone never before reached by a tokenized money market fund. Tokenized funds have really taken off in the last few years, Securitize CEO Carlos Domingo told Blockworks. BlackRock and Securitize launched BUIDL earlier this year. However, only some investors can access the fund. Qualified investors with more than $5 million in assets can subscribe through Securitize. So what has led to this growth? The rise of stablecoins is definitely a factor, because it made folks think about what else could be tokenized, Domingo said. Read more: Circle debuts way to…

Ordinals developer Leonidas Leonidas, who also founded the Runestone project, believes that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is “almost certainly aware” of the current meme coin frenzy on the blockchain if they are still alive. “It’s crazy to think that if Satoshi is still alive he is almost certainly aware of $DOG and the new memecoin trend on his chain,” he wrote on the X social media network. Runes Protocol, which went live after Bitcoin’s halving, is a new token standard that makes it possible to issue fungible tokens on the Bitcoin blockchain. It was developed by developer…

While FED President Jerome Powell spoke at the Senate Banking Committee today, US Treasury Secretary Janet Yellen spoke at the House of Representatives Financial Services Committee. Yellen, who has made statements on many issues, also made a statement about cryptocurrency regulations. Fox Business reporter Eleanor Terrett shared Yellen’s crypto statements in her post. Accordingly, in her testimony before the House of Representatives Financial Services Committee, Janet Yellen said that there is no “quarterback” (manager/coordinator) between the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC) in cryptocurrency regulation. It is considered that this statement is…

Animoca Brands, a web3 leader known for delivering digital property rights through blockchain to global consumers interested in the open metaverse, has launched a validator on Core blockchain.The launch is expected to boost network security and decentralization for Animoca as the collaboration with Core blockchain, a platform that has proved transformative for the blockchain landscape with its unstoppable, open-source network, will facilitate the integration of dApps and drive BTC-fi innovation. The Significance of Animoca Brands Becoming a Validator Core has already made its name in the blockchain and web3 space for its uniqueness, which lies in its capability to leverage…

A widely followed cryptocurrency analyst and trader believes that Bitcoin (BTC) still possesses more upside potential. The analyst pseudonymously known as Bluntz tells his 264,700 followers on the social media platform X that the Bitcoin cycle is “not over yet.” According to Bluntz, the Bitcoin bullish cycle could “last into early 2025.” Based on the pseudonymous trader’s chart, it appears that Bluntz, who regularly employs the Elliott Wave theory in his technical analysis, is suggesting that Bitcoin recently completed the fourth wave of a five-wave pattern on the weekly time frame. The analyst’s chart further suggests that Bitcoin could complete…

Retardio Cousins leads Solana NFTs, with 45% price increase. Solana projects surge, outpacing Ethereum in NFT market growth. As the crypto market experiences a slowdown, the NFT market is drawing increasing attention. Notably, Mocaverse and the Solana-based Retardio Cousins NFTs are leading the charge. The Retardio Cousins collection, consisting of 4,444 unique items, has seen its floor price rise by 45.22% in the last 24 hours to 19.81 SOL​. In terms of market performance, it recorded a total sales volume of $1.07 million in early April, placing it sixth among the top NFT by sales volume rankings at that time.…

Aerodrome Finance, an automated market maker (AMM) and liquidity platform on Base, has recently announced a remarkable development. It has witnessed the 2nd-highest volume of nearly $1.66B in its Epoch 45, powered by Slipstream, while the $WETH-$USDC pool led the on-chain activity during the last epoch. Such an engagement level denotes the growing influence of the firm. Additionally, it also shows the efficiency of liquidity pools it runs to attract significant trading volumes. Second-Highest Volume Ever 🛫In Epoch 45, Aerodrome recorded a volume of $1.66 billion, driven by Slipstream, with the $WETH – $USDC pool dominating on-chain activity last epoch.veAERO…

Toncoin (TON) is no longer one of the top 10 most valuable cryptocurrencies in the world, following an update from The Open Network to more accurately reflect the asset’s circulating supply via price trackers. In a Telegram message on Wednesday, the project informed users that data aggregators would track the coin’s market capitalization differently moving forward. They would exclude Toncoin held by Telegram, The Open Network Foundation, and the TON Believers Fund, it stated. As the change went effective, Toncoin’s market capitalization dropped more than $7 billion instantaneously, according to CoinGecko data. Meanwhile, the cryptocurrency Cardano (ADA) reclaimed its spot…

The Canadian Securities Administrators (CSA) has issued a warning about fraudulent “investment groups” proliferating on social media. These groups use platforms like Facebook and Instagram to lure unsuspecting investors with promises of high returns, only to leave them with significant losses. CSA mentioned that these scams, commonly referred to as “pump and dump,” exploit social media to deceive potential investors. Scammers start by heavily promoting a stock they own shares in, artificially inflating its price. Once enough investors buy in at the elevated price, the scammers sell their shares, causing the stock price to plummet and leaving new investors with…

Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi Arabia’s Vision 2030 Web3 development firm Droppgroup and Solana-focused development group Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration will leverage Droppgroup’s expertise in Web3 and artificial intelligence (AI) alongside Solana’s advanced blockchain technology. A statement released by the Droppgroup characterized the partnership as an important step in revolutionizing Saudi Arabia’s public and private sectors through Web3, aligning with the country’s Vision 2030. Faisal…